Corporate Notes
Tag: insolvency
Showing 8 out of 8 results
Directors’ duties – former directors liable to pay £110 million for misfeasance
The High Court has ordered two former directors of British Home Stores (BHS) to pay compensation of £110 million in respect of misfeasance claims brought …
Directors’ duties – Court makes substantial wrongful trading and misfeasance award against former directors
Seven years after the British Home Stores Group Limited, a well known high street retailer, and its operating subsidiaries entered liquidation, the High …
Takeover Panel consultations on competitive situations and miscellaneous Takeover Code changes
The Takeover Panel has published two consultation papers, one on the offer timetable in a competitive situation (PCP 2022/3) and another on miscellaneous …
Supreme Court ruling on duty to creditors
The Supreme Court has published its long-awaited judgment in BTI 2014 LLC v Sequana SA and others ([2022] UKSC 25) which discusses when …
Covid-19 – further extension of temporary relief measures
The Government has further extended some of the temporary measures put in place to protect companies against the impact of the Covid-19 pandemic. These …
Restructuring and insolvency – Court decision on how restructuring plans can be used
In what is likely to be the most significant change to the UK restructuring and insolvency market since the Enterprise Act 2002, the Court has paved the …
Covid-19: FRC consolidated guidance and extension of insolvency restrictions
The Financial Reporting Council (FRC) has published a consolidated and updated edition of its guidance for companies on corporate governance and …
Covid-19 – latest developments for corporate practitioners
Further guidance for companies has been published in light of the Covid-19 pandemic. Company meetings Shareholder meetings – Relaxations to the company …